jeudi 26 mai 2011

A Peek at LinkedIn's 'Acquisitions List'

Now that the social network for professionals has amassed some cash, LinkedIn's M&A team might look at Hashable, Socialware, Yammer, Indeed.com, and Branchout, for starters

LinkedIn (LNKD) made its NYSE (NYX) debut Thursday morning with a bang. The company's share price more than doubled before lunch on its first day of trading, soaring within a few hours to more than 100 from its initial public offering price of 45.

In all, LinkedIn's initial public offering brought the company $352.8 million. What will LinkedIn buy with its cash? The company mentioned that it could use its IPO proceeds for "acquisitions of complementary businesses, technologies, or other assets" in its S-1 filing to the Securities & Exchange Commission. While mention of mergers and acquisitions is typically included in the boilerplate language of all public company filings, the Web has no shortage of potential acquisition candidates that could make their way onto LinkedIn's shopping list.
(...) By Colleen Taylor

FOLLOWING ARTICLE LINK, A Peek at LinkedIn's 'Acquisitions List'

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